Volant Textile Mills Board Approves Stock Split

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Volant Textile Mills Ltd has informed BSE that the Board of Directors of the Company at its meeting held on April 18, 2011, inter alia, has decided the following:

1. To Sub-divide existing equity share having face value of Rs. 10/- each to 10 Equity shares having face value of Rs. 1/- each with the due permission of members of the Company and other authorities;

2. To alter Article 3 of Articles of Association to keep update as per the Clause V of Memorandum of Association with due permission of the members of the Company and other authorities.

3. To call Extra-ordinary General Meeting on May 16, 2011 Monday 11 A.M. interalia to obtain approval of members of the Company for above matters.

Source: BSE Corporate Announcements
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